APPlife Digital Solutions Inc (OTCMKTS:ALDS) Stock Soars As Company Announces Opening of Hemp and CBD Products E-Commerce Site
Business incubator and portfolio manager creating and investing in cloud-based solutions and e-commerce solutions, APPlife Digital Solutions Inc (OTCMKTS:ALDS) on June 2, 2022, announced that the Global Hemp Service LLC website has completed the extended beta period. The site is now a completely functioning e-commerce platform offering a line of CBD and hemp products including for home, personal, beauty, organic, and industrial uses.
Market Stats
On Thursday, ALDS stock soared 58.47% to $0.0290 with more than 25K shares, compared to its average volume of 38K shares. The stock moved within a range of $0.0174 – 0.0290 after opening trading at $0.0280.
APPlife Digital Solutions, Inc. Announces Opening of Hemp and CBD Products E-Commerce Site “Global Hemp Service”
Matthew Reid, CEO of APPLife expressed excitement about the products being provided by Global Hemp Service being featured prominently in daily use. Reid added that Hemp is a game changer for benefits to the climate. He further stated that APPlife is proud of being the leading investor in the project and hopes it will flourish in the coming months.
Paul Iglesia, founder, and president of Global Hemp Services LLC said that the mission at Global Hemp Service is to unify hemp stakeholders and support category growth across industries. Iglesia added that the challenge is to make it happen now. The President further stated that the focus on hemp is an intelligent decision to ensure a sustainable society in the next few years.
Global Hemp understands that the world needs both societal and environmental transformations. Global believes part of the cure is a simple plant known as hemp. Hemp has been a part of the planet and history from ancient times.
Key Quote
“We are excited to see the products being offered by Global Hemp Service becoming more prominently featured in daily use around the world. Hemp is a game-changer for its benefits to our climate. APPlife is proud to have been the lead investor in this project and hopes to see it flourish in the coming months,” stated Matthew Reid, CEO of APPLife.
Traders Corner
ALDS stock is trading above the 20-Day and 50-Day Moving averages of $0.0248 and $0.0219 respectively. Moreover, the stock is trading above the 100-Day moving average of $0.0238.
